Posted on 08/25/2025 7:40:35 AM PDT by RandFan
The problem is, Trump is presuming to BE ME in what should only ever remain a private decision and transaction.
If you can’t see that that is wrong, you are a socialist.
The role for government in capitalism is NOT deciding who the winners are.
We already have fascism where govt is owned by private and controlled by govt. Name me one area of private enterprise where govt has not intervened with regulation or law.
Trumps plan here is fresh air. This is a new way.
The role for government in capitalism is NOT deciding who the winners are.
https://cdn.mises.org/the_vampire_economy_20201022.pdf
It may be hard for you to understand but Trumps move is TOWARD CAPITALISM. A partnership, in growth.
Just because we’re under state control doesn’t mean keeping it going is good. You’re at the “sit back and try to enjoy it” part of the argument.
But the point remains. Government taking over a company is bad.
And government taking over a company that isn’t actually good is worse.
It may be hard for you to understand but Trumps move is TOWARD CAPITALISM. A partnership, in growth.
When stocks changes, we can point to government as source of problem. We need a linkage between govt and business.
We can’t get any deeper in fascism than we are now. This is the way out.
But the point remains. Government taking over a company is bad.
It is a partnership, an investment. It is not socialism, not fascism. No body is taking over Intel.
So what is your solution?
A fair question.
It is NOT an imaginary boogie man. The US government now has a multibillion dollar stake in a poorly run company that’s been behind the technical curve for 30 years.
I already gave the solution a dozen times: STAY OUT OF THE MARKET. Let Intel fail. Because the company is already a failure.
BUZZ WRONG AGAIN.
Giving the government a stake in a company is NOT capitalism. It’s socialism. It’s specifically BRITISH socialism. They grabbed a stake in a lot of companies. And they ALL FAILED. This is NOT a way out of fascism. This INCREASES central control. That’s MORE fascism, not less.
The government (Federal, State and Local) have been pouring BILLIONS of taxpayer money into these chip companies for decades. Whether in Texas or NYS (Global Foundries https://gf.com/ ) it’s BILLIONS and BILLIONS. Ask yourself why?
It is NOT an imaginary boogie man. The US government now has a multibillion dollar stake in a poorly run company that’s been behind the technical curve for 30 years.
I already gave the solution a dozen times: STAY OUT OF THE MARKET. Let Intel fail. Because the company is already a failure.
Being behind the curve can be a good thing. We were behind the curve at the beginning of WW2 and Germany was at the top. then we were at the top. Things change.
My bet is on Trump and his team. Doing nothing and letting it fail leaves us in a worse situation, more enemy control. YOU do understand the goals of MAGA, don’t you?
And again: why is our defense dependent on a bad company that’s behind the technical curve and sells overpriced underpowered chips?
Intel has been behind the curve for 30 years. And not even just “the” curve. Intel has been behind every single curve in their industry for 30 years. Again: late to 32 bit, late to 64 bit, late to cellphones, late to GPU. They’re not getting ahead of the curve anytime soon. Frankly they were behind the curve in before then. They just happened to be lucky enough to be the chip for the IBM desktop and not have an exclusive contract so Intel could sell to the companies making IBM Clones. And then MS got behind that market segment and Intel rode those coattails to being huge. But honestly the 8086 architecture wasn’t very good, and wasn’t cutting edge.
If we really feel like we need to stick $9billion into securing chips for national defense go find a startup. For $9B 4 guys in a garage could make better 100% American chips than Intel. But now that startup has a bigger hill to climb because picked a winner.
I know the goal of MAGA just fine. It’s to create a lot of noise and get cultists to pretend these are good ideas. Out here in reality backing Intel will do nothing to make America great. It actually makes us worse. Congratulations America we now have a vested stake in a poorly run company, yay!
Trump must have got this idea from the Socialists in Europe. All the governments in Europe hold a controlling stake for decision making and between 45-59% of the companies.
American Fascism arrives.
You think the democrats if in power would not being telling Intel what to do?
Democrats: Create rainbow colored chips.
Intel management created their problem. The ceo’s of that company made 10’s of millions each over the years which is a tax write-off for the company. Congress and or the IRS should get rid of any tax advantage of paying a ceo millions and also any by firing thousands of people with Wall Street rewarding them with higher stock price. GE Jack Welch did this and destroyed the company.
I agree - not only bad, but socialistic. Administration says that the USA will only vote the shares with what management wants. Let’s play what if for a minute - let’s say the sovereign fund acquires an interest in Ruger or Sig Sauer. The management has a shareholders vote (prompted by a democratic president) that all magazines should be limited to 5 rounds. All of a sudden my ability to exercise my second amendment rights are compromised.
Terrible plan that resembles the rescue of GM and why they lost money on eCars. Thank you (w/sarcasm) Barack Obama.
Gwjack
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